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Investment Highlights

  • Surrounded by significant redevelopment and investment activity in the immediate area.
  • Secured and gated parking with easy access to major freeways and downtown Detroit.
  • Located near the Detroit Riverfront within a high-growth redevelopment corridor.
  • Situated in an Opportunity Zone, offering potential tax benefits for qualified investors.
  • Flexible-use structures suitable for office, creative, or adaptive reuse projects.
  • Assemblage of three connected commercial buildings totaling 18,805 square feet.

Executive Summary

This offering presents a rare opportunity to acquire a multi-building commercial assemblage in Detroit’s rapidly evolving Riverfront/Warehouse District. The portfolio includes three interconnected properties—260 Mount Elliott, 266 Mount Elliott, and 275 Iron—totaling approximately 18,805 square feet on a 0.65-acre site. The buildings feature flexible layouts suitable for office, creative, or light industrial uses, making them highly adaptable for a range of business models or redevelopment strategies.
Positioned just steps from the Detroit Riverfront, the property benefits from proximity to major revitalization projects, residential growth, and a thriving mixed-use environment. The site offers secured and gated parking, strong street visibility, and convenient access to I-94 and other key transportation routes, ensuring connectivity to downtown Detroit and the broader metro area.
Located within an Opportunity Zone, this asset provides potential tax advantages for investors seeking long-term value creation. Surrounded by ongoing development and investment activity, the property is well-suited for owner-users, developers, or investors looking to capitalize on Detroit’s continued resurgence.

Property Facts

Price $1,325,000
Price Per SF $70.46
Sale Type Owner User
Sale Conditions
Bulk/Portfolio Sale
  • Redevelopment Project
Property Type Flex
Property Subtype
Light Manufacturing
  • General Retail Daycare Center
  • General Retail Freestanding
  • Office Office Residential
Building Class B
Lot Size 0.65 AC
Rentable Building Area 18,805 SF
No. Stories 1
Year Built 2003
Opportunity Zone Yes
Zoning SD4 - Commercial Zoned District

Amenities

  • Fenced Lot
  • Waterfront
  • Storage Space
  • Air Conditioning
  • Smoke Detector

Utilities

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
15-013869-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$248,300
  • Listing ID: 40059604

  • Date on Market: 4/7/2026

  • Last Updated:

  • Address: 275 Iron St, Detroit, MI 48207

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